Tuesday, November 24, 2015

Removal of 5/25 rule to aid Vistara's expansion plans: SIA

Following Prime Minister Narendra Modi’s visit to Singapore, CNBC-TV18’s Kritika Saxena caught up with Goh Choon Phong, CEO, Singapore Airlines to discuss their India plans. Speaking on the 5/20 rule, Phong said it is an impediment to Vistara’s expansion plans. “We believe that the rule will unnecessarily constrain Vistaara from expanding and serving India. We would hope that the Prime Minister and his group will consider removing that rule altogether to allow the Indian base carriers to actually serve in a more comprehensive manner to the India population, as well as the people from international traffic," he said. Vistara is an Indian airline, which is a joint venture between Tata Sons and Singapore Airlines.
24/11/15 CNBC-TV18/moneycontrol.com
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